TotalEnergies set to restart massive Mozambican natural gas project following assurances on security
- Mozambique's president says the Cabo Delgado region, the site of the project, is now safe for operations to resume.
- The $20 billion liquefied natural gas project was halted in 2021 due to attacks by insurgents that threatened the safety of workers.
- TotalEnergies owns a 26.5% stake in the project and appointed an expert to assess the human rights situation before deciding to restart.
- A restart of the project depends on TotalEnergies receiving guarantees about security and human rights protections in Cabo Delgado.
- Delays in the project have slowed economic growth forecasts for Mozambique.